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Silicon Labs to purchase MCU manufacturer

Posted: 30 Sep 2003 ?? ?Print Version ?Bookmark and Share

Keywords:silicon laboratories? cygnal integrated products? microcontroller? mcu? asic?

Silicon Laboratories Inc. has signed a definitive agreement to acquire Cygnal Integrated Products Inc., a manufacturer of 8-bit microcontrollers (MCUs). Cygnal's portfolio of over 50 general-purpose products is expected to expand Silicon Labs' existing product line of application-specific mixed-signal ICs.

"The acquisition of Cygnal reflects our strategy to further diversify our business and enhances our substantial development efforts underway on new products," said Nav Sooch, chairman and CEO of Silicon Laboratories. "Cygnal's unique, analog-intensive approach delivers a highly differentiated product family that addresses the broad-based, high-margin, 8-bit MCU and general-purpose analog markets."

The acquisition is expected to close during Q4.

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